The Best New Cars for Under $20,000

The Best New Cars for Under $20,000

Most people don’t have loads of money to spend on a new car. For budget-conscious people, there are several good cars that come new at an affordable price. Here is the list of the best cars that you can buy for $20,000 or less.

1. Toyota Yaris

The price of the entry-level Yaris sedan starts at $15,600. The Toyota Yaris is a subcompact sedan with a seating capacity of five. It is powered by a 1.5-liter four-cylinder engine coupled with a six-speed automatic transmission. The engine delivers 106 hp and 103 lb-ft of torque while offering an EPA rating of 40 MPG on the highway.

The sedan comes equipped with safety features like a low-speed pre-collision system, brake assist, traction control system, and many more. For entertainment, it has a seven-inch touchscreen multimedia system and Bluetooth wireless connectivity to access content on media devices. 

2. Toyota Corolla

The Toyota Corolla L base model is priced at $19,600. The sedan is powered by a 1.8-liter, four-cylinder engine paired with a continuously variable transmission. The engine generates 139 horsepower and offers fuel economy of 28 MPG city/36 MPG highway. The cabin of the Corolla is spacious enough to accommodate five adults. 

Other highlights of the interior are fabric-trimmed seats, AM/FM/CD playback, six speakers, and a 6.1-inch touchscreen display. The Toyota Corolla comes with standard safety features like eight airbags, lane departure alert and a pre-collision system with pedestrian detection.

3. Chevrolet Sonic

The price of Chevrolet Sonic sedan starts at $15,420. The Sonic gets its power from a turbocharged, 1.4-liter four-cylinder engine generating 138 horsepower and 148 lb.-ft. of torque. The engine, paired with a six-speed manual transmission, offers an estimated 27 MPG city/38 MPG highway. 

Inside the cabin, you have a seven-inch diagonal color touch-screen display, an AM/FM stereo, and a six-speaker sound system. The car comes with standard safety features like 10 airbags, and anti-lock brakes with panic brake assist. The sedan can seat five people and offers a cargo space of 14.9 cubic feet. 

4. Kia Soul

The base model price of the Kia Soul starts at $16,490. The hatchback is powered by a 1.6-liter four-cylinder engine paired with a six-speed automatic transmission. The engine makes 130 horsepower and delivers 118 lb.-ft. of torque while offering an EPA estimated 26 MPG city/31 MPG highway. The cabin of the Kia Soul is spacious and can easily seat five people and features Bluetooth wireless technology for hands-free calling and accessing content stored on your media devices. 

On the safety front, the Kia Soul comes with an advanced airbag system which includes front airbags and side-curtain airbags for front and rear passengers. It also has safety technologies like electronic stability control, hill start assist and anti-lock braking system. 

5. Nissan Sentra

The Nissan Sentra with manual transmission is priced at $17,890. The sedan is powered by 1.8-liter four-cylinder engine delivering 124 horsepower and 125 lb.-ft. of torque. The Sentra is equipped with advanced safety technologies like automatic emergency braking and tire pressure monitoring system. 

For entertainment, the Sentra comes with an AM/FM audio system with four speakers and Bluetooth streaming system that allows you to play music stored on your smartphone. It also has a seven-inch touch screen display and Bluetooth hands-free phone system. 

The cars listed above have good features and also offer great fuel economy and are all affordable, entry-level cars.